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    OFF-MARKET
    Retail properties & Spaces

    21 Main St, Vernal, UT 84078

    0.16 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a three-unit commercial property ideally situated in the heart of Vernal, Utah. The property boasts a total land area of 0.16 acres and encompasses a mix of retail and office spaces, making it an attractive proposition for diverse investors. Currently, two of the three units are occupied by tenants under existing lease agreements, providing immediate and consistent rental income. This translates to a stable cash flow stream from day one, minimizing vacancy risks and maximizing return on investment. The property's central downtown location ensures high visibility and accessibility, attracting a steady stream of potential customers and clients. The building's layout is versatile, allowing for a variety of uses and potential for future expansion or redevelopment, depending on the investor's vision. The asking price of $1,000,000 represents a compelling value in the current market, considering the property's prime location, existing tenancy, and potential for future growth. This is a rare chance to acquire a well-established commercial property in a thriving Utah community. Detailed financial information and lease agreements are available upon request. Serious inquiries only.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 0.16 ac (6,970 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Altitude Counseling & Consulting Services Crisis Center Medical Clinic
    • RedExit Escapes Arcade & Gaming Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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